"Heavy Long Position on Precious Metals" whale reopens a 5x leveraged silver long position, on-chain precious metal holdings exceed $5.6 million

GateUser-6433627c · 2026-01-20T05:04:10+00:00

On January 20th, the whale account heavily increased its position in precious metals, establishing a 5x leveraged long silver position with a scale of 10,000 ounces, with an unrealized profit of $26,000. Previously, it closed a position of 20,000 ounces for a profit of $194,000. The current precious metals holdings are valued at $5.64 million, with an investment return of 68.15%.

GateUser-6433627c

2026-01-20 05:04:10

Abstract generation in progress

On January 20, according to Coinbob’s popular address monitoring, the “Heavy Long on Precious Metals” whale (0x271) has recently opened a 5x leveraged long position on SILVER (Silver Mapping Contract), with a position size of 10,000 coins, approximately $940,000, at an opening price of $91.3. Currently, this position has an unrealized profit of about $26,000 (12%). Previously, due to a short-term correction in silver prices, this address closed all 20,000 SILVER long positions (worth about $1.88 million, with an average price of $79.6) 15 days ago, realizing a profit of approximately $194,000.

At present, this address still holds concentrated long positions in precious metals, with a total position value of about $5.64 million in gold and silver contracts. The main holdings are as follows:

PAXG (On-chain Gold) long position: approximately $3.05 million, at an average price of $4,429, with an unrealized profit of about $170,000 (58%);
GOLD (Gold Mapping Contract) long position: approximately $1.64 million, at an average price of $4,509, with an unrealized profit of about $64,000 (30%);
SILVER (Silver Mapping Contract) long position: approximately $940,000, at an average price of $79, with an unrealized profit of about $27,000 (13%);
TSLA (Tesla Mapping Contract): approximately $560,000, at an average price of $465, with an unrealized loss of about $45,000 (-31%).

This account prefers heavy long positions in gold and silver. The current overall leverage is about 5.2x, with a margin utilization rate of approximately 80%. The current account funds are about $1,435,000, with an investment return rate of 68.15%, and a monthly profit of $380,000.

PAXG1,61%

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